Amazing Crypto

Category: Op-Ed

  • Op-Ed: A Beginner’s Guide to the Economics behind Security Token Offerings

    The problem is not with the vehicle, the problem lies in the gold-rush mentality. When everybody starts mining for gold, the percentage of people who strike gold falls naturally. This is Economics 101. Economics 101 Scarce resources do better in terms of valuations than abundant resources. Take water, for example, it is an abundant resource…

  • The State of Distributed Computing in Cryptocurrency

    Distributed Computing is a concept which denotes the practice of utilising an interconnected network of systems to provide their combined power to remote users – but how is blockchain revolutionising this concept in 2018? Centralised Distributed Computing According to Statista: the present market leaders in the so-called ‘Public cloud software as a service (SaaS)’ market…

  • Paul Krugman is Wrong Again

    Paul Krugman is Wrong Again

    Paul Krugman, the famed economist who’s made a career out of being wrong about things, is wrong again. That in itself is no more surprising than the fact that his latest op-ed takes aim at his favorite bête noire – bitcoin. The surprising part is that Krugman has resorted to the same hackneyed arguments he…

  • The Story of How Bitcoin Was Compromised

    The Story of How Bitcoin Was Compromised

    Cryptocurrency is to money what the internet is to information. It is a powerful and potent technology, with the power to transform the world. It is an evolutionary tool in the sense that it is already propelling humanity forward. Crypto will help human beings abolish banks, governments, and other organizations with single points of failure.…

  • Opinion | How Blockchain Could Fix Facebook’s Fake News Problem

    After the 2016 United States presidential election, Facebook started to receive flak for its possible role in Donald Trump’s victory. The usage of Facebook profiles for data analysis by Cambridge Analytica, the immense number of fake news articles on the site and the impact of confirmation bubbles meant that Facebook’s platform was being used to…

  • How Bitcoin Cash Can Avoid the Same Mistakes as Bitcoin Core, Part 1

    How Bitcoin Cash Can Avoid the Same Mistakes as Bitcoin Core, Part 1

    The following opinion piece was written by Jonald Fyookball. The bitcoin cash (BCH) community understands key principles: Bitcoin should be a peer to peer Electronic Cash system; most users can use SPV wallets instead of running their own node; “second layer” scaling solutions are often unnecessary and problematic. While important, and it places the BCH…